Airbnb, Inc. operates a platform for stays and experiences to guests worldwide. The company's marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms and luxury villas. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California.
I read an article about doordash and how this covid 19 kind of stocks is rushing in to cash in before the vaccine is widely distributed. It does make sense.
I've used AirBnB a couple times and had success with it. Cheaper, more convenient than hotels. Long-term I like it a lot, although I could see big hotel chains and the government trying to cut into the AirBnB business model.
People seem to be confused by this because the numbers were bad, but everybody is looking forward to when COVID is gone.
Breakout coming from cup and handle? There only seems to be bad news about this company nowadays, the latest was that they were being banned in NYC.